Techmeme
July 20, 2022, 10:35 AM

Top News

Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 8.6% YoY to $7.97B, vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; stock jumps 7%+ after hours  —  - Netflix only lost around 970,000 subscribers during the second quarter, a smaller loss than the 2 million it had projected last quarter.
Todd Spangler / Variety:
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant”  —  Netflix is angling to win over a new bloc of value-conscious consumers — and help turn around …
Scott Stein / CNET:
Google plans to test AR prototypes in public, starting with a few dozen employees and trusted testers in August and ramping up to hundreds by the end of 2022  —  The camera-enabled assistive glasses won't be able to take photos or video, though.  —  Scott Stein
Corin Faife / The Verge:
Google finds Android spyware, distributed outside the Play Store, that Russians disguised as an app for Ukrainians to launch DDoS attacks against Russian sites  —  Details were published in a blog post from the Threat Analysis Group, which tracks state-backed cyber activity
Makena Kelly / The Verge:
US lawmakers release internal Amazon, Meta, and Google documents that they say show evidence of self-preferencing, as they call for tougher tech antitrust laws  —  The House Judiciary Committee released new documents Tuesday  —  New internal documents released Tuesday detail how three …
Nilay Patel / The Verge:
An interview with Matthew Ball on his new book about the metaverse, which he sees as the next phase of the internet, Meta's big pivot, AR hardware, and more  —  Let's talk about the metaverse.  —  You probably can't stop hearing about it.  It's in startup pitches, in earnings reports …
Katyanna Quach / The Register:
Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave  —  Clouds burst as nation hits 40C  —  Cloud services and servers hosted by Google and Oracle in the UK have fallen offline due …
Natalie Andrews / Wall Street Journal:
Senate votes 64-34 to advance a bill to provide ~$52B in US chip production subsidies, paving way for a larger package that would include additional R&D funding  —  Significant bipartisan support in first procedural vote signals likely passage of larger package to address chip shortages

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Earlier Picks

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CNBC:
Jonathan Stempel / Reuters:
Zack Whittaker / TechCrunch:
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Todd Spangler / Variety:
Malathi Nayak / Bloomberg: